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Broome Chamber of Commerce and Industry Inc.

7 hours ago

Broome Chamber of Commerce and Industry Inc.

The Reserve Bank of Australia (RBA) has kept the official cash rate unchanged at the historic low of 0.10 per cent.

Last month, the Board slashed the cash rate for the third time this year at a historic low of 0.10 per cent. This was accompanied by an additional bond purchase (quantitative easing) program worth $100 billion of government bonds over the following six months. "The combination of the RBA's bond purchases and lower interest rates across the yield curve will assist the recovery by: lowering financing costs for borrowers; contributing to a lower exchange rate than otherwise; and supporting asset prices and balance sheets," RBA governor Philip Lowe said.

Interest rates will likely remain at a record low for the foreseeable future as the RBA won’t meet in January. This is a great opportunity to review your loan or compare the home loan market to ensure you’re getting a competitive offer that suits you.

Source: Harbinger Mortgage and Finance
http://harbingermortgage.activehosted.com/index.ph…

To view the official RBA statement, please visit the Reserve Bank’s website.

https://rba.gov.au/monetary-policy/… ... See MoreSee Less

The Reserve Bank of Australia (RBA) has kept the official cash rate unchanged at the historic low of 0.10 per cent. Last month, the Board slashed the cash rate for the third time this year at a historic low of 0.10 per cent. This was accompanied by an additional bond purchase (quantitative easing) program worth $100 billion of government bonds over the following six months. The combination of the RBAs bond purchases and lower interest rates across the yield curve will assist the recovery by: lowering financing costs for borrowers; contributing to a lower exchange rate than otherwise; and supporting asset prices and balance sheets, RBA governor Philip Lowe said. Interest rates will likely remain at a record low for the foreseeable future as the RBA won’t meet in January. This is a great opportunity to review your loan or compare the home loan market to ensure you’re getting a competitive offer that suits you. Source: Harbinger Mortgage and Finance http://harbingermortgage.activehosted.com/index.php?action=social&chash=eccbc87e4b5ce2fe28308fd9f2a7baf3.7&s=7a28558f824b17d7ae84832319e52e6e To view the official RBA statement, please visit the Reserve Bank’s website. https://www.rba.gov.au/monetary-policy/int-rate-decisions/2020/?utm_source=ActiveCampaign&utm_medium=email&utm_content=Find+out+the+December+RBA+decision&utm_campaign=2020-RBA-DEC-HOLD
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If you are interested in having a free home loan review you can call me directly on 0452 236 527

Broome Chamber of Commerce and Industry Inc.

9 hours ago

Broome Chamber of Commerce and Industry Inc.

BCCI Member Satisfaction 2020

Please help us by taking a few minutes to tell us about your experience with us so far and what you'd like to see from the BCCI in 2021.

We appreciate your business and want to make sure we meet your expectations.

Take The Survey:
https://www.surveymonkey.com/r/ZPHYLVF

Source: BCCI ... See MoreSee Less

BCCI Member Satisfaction 2020 Please help us by taking a few minutes to tell us about your experience with us so far and what youd like to see from the BCCI in 2021. We appreciate your business and want to make sure we meet your expectations. Take The Survey: https://www.surveymonkey.com/r/ZPHYLVF Source: BCCI
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Broome Chamber of Commerce and Industry Inc.

11 hours ago

Broome Chamber of Commerce and Industry Inc.

Fortress WA Set To Come Down Monday at Midnight

Western Australia's border will reopen to Victoria and New South Wales on December 8, allowing travellers from those states to spend a quarantine-free Christmas in the west.

The latest advice from WA's Chief Health Officer has classified the spread of coronavirus from the two states as very low risk, removing the requirement for travellers to spend 14 days in mandatory quarantine.

The decision is dependent on there being no outbreaks in New South Wales or Victoria before next Tuesday.

Travellers from both states will also still have to meet a number of conditions, including a health screening and temperature check on arrival in WA.

Source: ABC News
https://abc.net.au/news/2020-12-01/… ... See MoreSee Less

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WA set to reopen borders to New South Wales and Victoria in a week's time

abc.net.au

The WA Premier says the state's border will reopen to Victoria and New South Wales on December 8, allowing travellers from those states to spend a quarantine-free Christmas in the west.
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